As the market expands in terms of population, tourist numbers, and airport arrivals – Dubai still sticks to its philosophy of “Build it and they shall come”. However, now the government and its subsidiaries are focused on strategy and planning before committing themselves to another “superlative” development. Thus, their newly tweaked philosophy is “Build what they want and they will come”.

Convenience is not a new concept in the retail industry. Local corner shops, take-away restaurants and even milkmen, for example, were the original pioneers of ‘convenience retailing’. But where once the Friday night fish and chip run meant a walk or drive to the local ‘chippie’, today technology is not only making the delivery process easier, it is opening up a new world of culinary purchasing possibilities.

If you work for a retailer you’ll probably do a lot of leasing; stores, offices, distribution centres, machinery, vehicles and so on. And this means the new accounting standard, IFRS 16 is going to have a huge impact on your business.

The signing of of Mueller & Co, LLP. (Mueller) took place on 10th May at the EMEI Regional Meeting in Brussels. The signing was attended by Dave Nissen, Managing Partner of the firm, Amy Chamoun, Tax Partner at Mueller, John Sim, CEO of PKF International, Sebastian Wohldorf, Chairman of PKF International, and Carolyn Morgan, PKF NA Regional Director.